iShares MSCI Norway ETF (BATS:ENOR) Short Interest Down 85.9% in June

iShares MSCI Norway ETF (BATS:ENOR) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 53,079 shares, a decrease of 85.9% from the May 31st total of 377,081 shares. Based on an average trading volume of 99,189 shares, the days-to-cover ratio is currently 0.5 days. Approximately 3.3% of the company’s stock are sold short.

iShares MSCI Norway ETF Stock Down 1.9%

ENOR stock opened at $31.14 on Friday. The business has a 50 day moving average price of $36.06 and a 200 day moving average price of $33.69. The stock has a market cap of $49.82 million, a price-to-earnings ratio of 12.79 and a beta of 1.00. iShares MSCI Norway ETF has a fifty-two week low of $26.70 and a fifty-two week high of $38.15.

Institutional Trading of iShares MSCI Norway ETF

Several institutional investors have recently modified their holdings of the stock. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Norway ETF during the third quarter worth approximately $578,000. Susquehanna International Group LLP raised its position in iShares MSCI Norway ETF by 234.7% in the 3rd quarter. Susquehanna International Group LLP now owns 30,823 shares of the company’s stock valued at $880,000 after purchasing an additional 21,613 shares during the last quarter. Equitable Holdings Inc. boosted its stake in iShares MSCI Norway ETF by 6.2% during the 4th quarter. Equitable Holdings Inc. now owns 32,605 shares of the company’s stock worth $938,000 after purchasing an additional 1,900 shares during the period. Jane Street Group LLC acquired a new stake in iShares MSCI Norway ETF during the 2nd quarter worth $1,130,000. Finally, Raymond James Financial Inc. acquired a new stake in iShares MSCI Norway ETF during the 2nd quarter worth $43,000.

iShares MSCI Norway ETF Company Profile

The iShares MSCI Norway ETF (ENOR) is an exchange-traded fund that is based on the MSCI Norway IMI 25\u002F50 index, a market-cap-weighted index of Norwegian stocks. ENOR was launched on Jan 23, 2012 and is managed by BlackRock.